trending Market Intelligence /marketintelligence/en/news-insights/trending/SK4ECqwo9sohhAchp_-mKg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Report: Goldman Sachs plans to double China workforce to 600 over 5 years

Blog

Banking Essentials Newsletter - February Edition, Part 2

Podcasts

StreetTalk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

Street Talk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

The Evolution of ESG Factors in Credit Risk Assessment: Environmental Issues


Report: Goldman Sachs plans to double China workforce to 600 over 5 years

Goldman Sachs Group Inc. plans to double its staff in China to 600 over the next five years, Bloomberg News reported, citing a source familiar with the matter.

The U.S. bank is also planning to expand its investment banking, markets, private wealth and merchant banking operations in mainland China after the country recently relaxed rules on foreign ownership.

Goldman Sachs is also looking to raise its stake in an onshore investment bank joint venture to 51% from 33%, and will apply for full control by 2020-end, the report added.